Apollo Global Management is making a multibillion-dollar wager on America’s casino capital and hoping it’s rolling the dice on the way out of a national crisis, not on the way in.
Casinos & Gaming
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Caesars Entertainment Inc. plans to resume hotel operations seven days a week at Planet Hollywood and The Linq, the company announced in a statement Friday.
It seemed 2020 was going to be a transformative year for Southern Nevada. Then, the pandemic hit. But there’s much to look forward to in the months ahead.
Amenities at the off-Strip property will include the Westgate sportsbook and live entertainment.
Industry observers say pandemic rule inconsistencies result from a combination of failings, most of them involving casino guests who choose not to follow those rules.
Every casino operator has health and safety protocols to deal with the coronavirus. But some workers aren’t convinced the measures are enough to keep them safe.
Treasure Island announced new health and safety policies Tuesday afternoon as it gears up to reopen to the public.
The state’s largest private employer has released a health safety plan in preparation for reopening as the coronavirus pandemic subsides.
Wynn Resorts will temporarily cancel all large entertainment gatherings in its Las Vegas and Boston resorts and also install temperature monitors at its entrances.
Las Vegas Strip resorts are slashing nightly room rates as the coronavirus outbreak impacts tourism.
MGM Chairman and CEO Jim Murren said the “unforeseen and unprecedented volatility” in the financial markets impacted the company’s ability to determine an offering price range.
The trade group representing the $261 billion U.S. casino industry is looking into stimulus action as the coronavirus outbreak weakens the industry’s performance.
Brian Hedlund, a microbiologist and UNLV Professor, did a study looking at how much bacteria is on Las Vegas casino chips about 15 years ago. Turns out, they’re pretty dirty.
Because of the virus outbreak, room rates have dipped, with some resorts charging as much as 86 percent less for a stay during the draft compared to May prices.